It is almost appalling to our American shipowners to think that the Japanese Government today is offering a subsidy of 25 cents on a minimum tonnage of 700 tons register. It is one quarter of a dollar of our money per ton for a thousand miles run at a minimum of 10 knots speed per hour. and there is an extra 10 per cent for each 500 tons of increased tonnage over a thousand tons and up to 6.000 tons. and a speed subsidy increase of 20 per cent for each knot over 10 knots additional speed up to 17 knots. I do not want to weary the Senate by giving the data in relation to what they are doing to encourage their ships which are bringing emigrants from that country. who are immigrants into this country. to competo with our people. but the subsidy on a ship of 5.000 tons registerof foreign build making 15 knots speed amounts in round numbers to $31.500 per voyage between the ports on the Pacific Coast and Japan.
Keywords matched
immigrants emigrants